Cryptoquant founder and CEO Ki Young Ju told bitcoin holders that “some bullish Bitcoin opium is coming in the next few months,” urging investors to endure the bear market just a little while longer.
The rejection highlights the challenges of integrating volatile digital assets into public finance, reflecting broader hesitance in institutional adoption.
July 10, 2026, 10:36 amGovernor Ayotte had expressed support for the proposal, touting it as an innovative way to bring more investment opportunities to the state.
July 10, 2026, 10:29 am
JPMorgan sees Wall Street’s shift toward private blockchains as a deeper threat to Bitcoin than Strategy selling its BTC. JPMorgan warned that shifting tokenization, payments, and settlement onto closed networks could drain activity, liquidity, and capital from crypto while pushing valuations lower.
Metaplanet said it is studying Bitcoin-backed digital credit products in Japan with JPYC and Progmat, but no product has been launched.
Bitcoin bulls faced "crucial resistance" at $65,000 next as BTC price action diverged from oil and US dollar strength.
Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor says he feels “invigorated” by bitcoin’s mission as the world moves toward a digital monetary revolution, a doubling-down that comes with bitcoin near $64,000, down roughly 11% this year.
Bitcoin has spent 307 days in the $60,000-$70,000 range, the third longest consolidation in any $10,000 price band.
The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.
A lawsuit seeking legal ownership of long-dormant Bitcoin addresses, including wallets tied by researchers to Bitcoin’s earliest mining era, has narrowed after the plaintiffs dropped 44 defendants that moved funds after the case was filed. The July 7 voluntary discontinuance removes only a small slice of the 39,069 wallets targeted by the case.
Glassnode data shows LTHs re-accumulating as ETFs swing from June $4.06B outflows to a $265.7M inflow day.
Bitcoin's correlation with USD/JPY highlights the need for crypto investors to consider forex dynamics, impacting diversification strategies.
$64,366.00 +2.61%
$1.29T Market Cap
$27.99B Total Volume (2.17%)
$126,080 All Time High -48.95%
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